Information, trade and common knowledge

On the Impossibility of Informationally Efficient Markets

Sanford J. Grossman · RePEc: Research Papers in Economics · 1980 · 5.3K citations

Social Sciences, Economics, Information Theory +9

On the Impossibility of Informationally Efficient Markets

Joseph E. Stiglitz, Sanford J. Grossman · Columbia Academic Commons (Columbia University) · 1980 · 3.7K citations · Full text

Social Sciences, Economics, Information Theory +9

Agreeing to Disagree

Robert J. Aumann · The Annals of Statistics · 1976 · 2.5K citations

Computing, Social Psychology, Bayesian Data Analysis +11

The Private and Social Value of Information and the Reward to Inventive Activity

Jack Hirshleifer · American Economic Review · 1971 · 1.4K citations

Social Sciences, Economics, Behavioral Economics +11

On the Possibility of Speculation under Rational Expectations

Jean Tirole · Econometrica · 1982 · 984 citations

Business, Economics, Finance +15